DHL strengthens Latin America Life Science and Healthcare capabilities by acquiring control of Polar Transportes

04/18/2017 – DHL Supply Chain, the contract logistics specialist within Deutsche Post DHL Group, is to acquire control of the Brazilian road carrier Polar Transportes, retaining the company’s management team. The transport service provider for the Life Sciences and Healthcare industry with 400 full-time employees is specialized in temperature-controlled transportation requirements and has a strong reputation in terms of technology, quality and regulatory compliance. Polar Transportes, founded in 1996, has been working as a service provider for DHL for over 15 years and runs a fleet of more than 300 trucks with national coverage. The acquisition will support DHL’s growth ambitions in a key emerging market and strengthen the Group’s end-to-end offering for the Life Sciences and Healthcare industry in Brazil. Both parties have agreed to keep the transaction value confidential. The transaction is still subject to approval from the Brazilian competition authorities.